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Cambricon Technologies (SHSE:688256) Days Inventory : 2,003.32 (As of Sep. 2023)


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What is Cambricon Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cambricon Technologies's Average Total Inventories for the three months ended in Sep. 2023 was ¥233.2 Mil. Cambricon Technologies's Cost of Goods Sold for the three months ended in Sep. 2023 was ¥10.6 Mil. Hence, Cambricon Technologies's Days Inventory for the three months ended in Sep. 2023 was 2,003.32.

The historical rank and industry rank for Cambricon Technologies's Days Inventory or its related term are showing as below:

SHSE:688256' s Days Inventory Range Over the Past 10 Years
Min: 72.64   Med: 336.97   Max: 8107.99
Current: 573.59

During the past 6 years, Cambricon Technologies's highest Days Inventory was 8107.99. The lowest was 72.64. And the median was 336.97.

SHSE:688256's Days Inventory is ranked worse than
95% of 940 companies
in the Semiconductors industry
Industry Median: 130.735 vs SHSE:688256: 573.59

Cambricon Technologies's Days Inventory increased from Sep. 2022 (1,084.56) to Sep. 2023 (2,003.32). It might indicate that Cambricon Technologies's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cambricon Technologies's Inventory Turnover for the three months ended in Sep. 2023 was 0.05.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Cambricon Technologies's Inventory-to-Revenue for the three months ended in Sep. 2023 was 7.44.


Cambricon Technologies Days Inventory Historical Data

The historical data trend for Cambricon Technologies's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cambricon Technologies Days Inventory Chart

Cambricon Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial 8,107.99 72.64 162.76 254.18 419.76

Cambricon Technologies Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,084.56 232.24 1,438.93 1,387.66 2,003.32

Competitive Comparison of Cambricon Technologies's Days Inventory

For the Semiconductors subindustry, Cambricon Technologies's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cambricon Technologies's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Cambricon Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cambricon Technologies's Days Inventory falls into.



Cambricon Technologies Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Cambricon Technologies's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (287.03 + 287.121) / 2 ) / 249.623*365
=287.0755 / 249.623*365
=419.76

Cambricon Technologies's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (219.218 + 247.088) / 2 ) / 10.62*365 / 4
=233.153 / 10.62*365 / 4
=2,003.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cambricon Technologies  (SHSE:688256) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Cambricon Technologies's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Cambricon Technologies's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


Cambricon Technologies Days Inventory Related Terms

Thank you for viewing the detailed overview of Cambricon Technologies's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Cambricon Technologies (SHSE:688256) Business Description

Traded in Other Exchanges
N/A
Address
No. 7 Zhichun Road, 11th, 14th, 16th floors, Block D, Zhizheng Building, Haidian District, Beijing, CHN, 100191
Cambricon Technologies Corp Ltd is engaged in design and sales of artificial intelligence core chips in various cloud servers, edge computing equipment, and terminal equipment provide customers with rich chip products and system software solutions.

Cambricon Technologies (SHSE:688256) Headlines

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